Mike Norman Economics

Sums it up.Fort RussBreaking: Trump Doubles-Down on His Threat to Bring World Peace, Deep-State Crisis-Actors Lose It Joe Hargrave

Uh oh! President Donald Trump just bragged that Vladimir Putin has offered to send Russian government investigators to look into Russian government meddling in the 2016 US presidential election.  Trump teased Putin’s “interesting idea” in his opening remarks during their joint press conference Monday morning:  "During today’s meeting, I addressed directly with President Putin the issue of Russian interference in our elections. I felt this was a message best delivered in person. Spent a...

In the crazy world of the neoliberalism, where black is white, war is peace, evil is good, slavery is freedom, monopolies are exemplars of perfect markets, etc, we see in Nicaragua the right wing opposition carrying out violent protests, murders, rapes, and torture and blaming it on the left-wing Ortega government while the corporate media goes along with the lies reporting fake news.The Ortega government rejects neoliberalism and austerity and is improving the lives for the majority of...

A bit wonkish, but interesting. Big implications for the transition from the analog era that has lasted throughout history up to now into the digital age. An important iteration in the digital age has taken place already. (This has some people concerned that humans will lose control to AI.) Quantum computers appear to be different from classical computers such that they may result in different categories of problems that the machines can respectively handle. This can be seen by...

Is some deal in the works between Trump and Putin?

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Former Austrian Chancellor Bruno Kreisky was quoted as saying during the 1979 Austrian election campaign that: “I am less worried about the budget deficits than by the need for the state to create jobs where private industry fails”. That is the statement of a social democrat. That is a progressive Left view. In June 1982, with French unemployment at 7.2 per cent (having risen from 2.4 per cent in 1974 after a near decade of austerity under the right-wing Prime Minister Raymond Barre), the...

How the Western ruling elite made their wealth, and today with that wealth they are buying up the World. They call it free trade, liberalisation, capitalism, and democracy, and convince people it is about the protestant work ethic, a reward for hard work, but it's more like a game of monopoly where the winners get an exponential rise in wealth with less and less effort.  In fact, with hardly any effort at all when the slave trade made them their enormous wealth to start with.And then Western...

In Europe during the Middle Ages feudalism was the social order of the day. Society was structured between landowners and the landless. Astonishingly in the UK today that social order is, again, on the rise. A growing number of leasehold homeowners are at the mercy of a new class of rent-seeker - actively exploit them in their own homes through onerous ground rents and permission fees. Many of these homes were bought through the government sanctioned Help To Buy Scheme which has fuelled...

Julian Assange exposed the terrible crimes of the empire but no one in the MSM is defending him. He's a hero but they make him out as some bad guy, and most people seem to believe it.  There was once a moderate left in the MSM but now that had gone. The public is unaware and doesn't seem to care, but how can it care if they don't get the facts, only a boring, uninteresting, unexciting, mediocre politics, with celebrity gossip, along with endless photographs of the Royal Family. No real news...